--- In [email protected], "shempmcgurk"
<[EMAIL PROTECTED]> wrote:
>
> --- In [email protected], "jim_flanegin" <jflanegi@>
> wrote:
> >
> > --- In [email protected], "authfriend" <jstein@>
> > wrote:
> > >
> > > --- In [email protected], "shempmcgurk"
> <shempmcgurk@>
> > > wrote:
> > > >
> > > > The so-called rich pay almost all of the income taxes in
this
> > > country.
> > > > In fact, the top 1% highest-earning Americans pay a whopping
> 37%
> > of
> > > all
> > > > individual income taxes collected. The top 10% pay 67%. In
> > other
> > > > words, 10% of Americans pay two-thirds of the taxes. Half
of
> > all
> > > > taxpayers those in the bottom 50% of earnings account
for
> > less
> > > than
> > > > 4% of income tax revenues. This means no matter how taxes
are
> > cut,
> > > > it's nearly impossible for those cuts to primarily benefit
> lower-
> > > > earning taxpayers.
> > >
> > > Actually, it sounds like it means you can
> > > give the bottom 50 percent a hefty tax cut
> > > without reducing tax revenues much.
> > >
> > Considering the bottom 50% only account for a measly 2.8% of the
> > wealth in this country, we could eliminate taxes for them
> > altogether. I don't think its a good idea, but since we're
playing
> > with numbers...:-)
> >
>
>
> Where do you get your "2.8%" figure from, please?
>
http://tinyurl.com/3oqhy
